International Research Symposium Set for Oct. 30-31 in Madrid
The International Association of Assessing Officers is presenting the 11th International Research Symposium, October 30-31, 2017 in Madrid, Spain, with Esri and Thomson Reuters. The IAAO International Research Symposium is an annual event offering an exploration of the intersection of public policy and mass appraisal standards, guidance, and implementation challenges. The focus will be on the exchange of knowledge and emerging technology trends for continuous improvement of land administration and property tax systems world-wide.
The international application of IAAO Standards will be demonstrated in wide-ranging presentations offering both practical application and practitioner lessons learned in the implementation of sound tax policy and global governance. The Symposium includes a presentation devoted to the recent revision of the IAAO Automated Valuation Model Standard accompanied by presentations of emerging technologies in the development of land administration systems, how to deal with unique commercial properties, and the latest innovations in mass appraisal modeling.
Prior to the Symposium, on Sunday, October 29th IAAO will present an optional half-day forum covering "Automated Valuation Models and GIS - Methods, Applications, and Standards in Valuation."
To sign-up for the Symposium and/or Forum click on the Online Registration button. You may also download a registration form and submit to the IAAO with payment. Information regarding the agenda, fees, and hotel information is also available on the Registration & Hotel page
Online Registration Paper Registration Form
International Research Symposium
The Symposium will take place on October 30-31 and a full agenda is available here
. The Symposium offers an exploration of the intersection of public policy and mass appraisal standards, guidance, and implementation challenges. The focus will be on the exchange of knowledge for continuous improvement of property tax systems.
Optional Forum - Automated Valuation Models and GIS - Methods, Applications, and Standards in Valuation
Prior to the Symposium, on Sunday, October 29th IAAO will present a half-day forum covering the latest developments in valuation modeling. In this half-day forum, students will participate in an interactive discussion on automated valuation models (AVMs) and geographic information systems (GIS). An AVM is a mathematical model used to analyze comparable sold properties in order to derive valuations for unsold properties. AVMs along with GIS, which can be used to capture and understand spatial relationships among phenomena, can be used together to discover a new level of insight into deriving valuations and improving performance.
The forum will be presented by IAAO Research Subcommittee Chair, Daniel Fasteen, Ph.D. and IAAO Research Subcommittee member, Ph.D. Candidate, Paul Bidanset and will explore basic concepts and demonstrate applications of methodologies used in building valuation models using industry practices. The application of GIS in order to account for location effects will also be addressed. Additionally, a brief discussion on standards regarding AVM concepts will also be facilitated.
Topics covered will include:
- Types of Automated Valuation Models
- The life-cycle of building AVMs (and how to get started)
- Compiling and cleaning data
- Selecting appropriate AVMs (Model specification)
- Variable selection and calibration
- Enhancing AVM performance using GIS
- Interpreting AVM outputs for valuation adjustments
- Visualizing AVM output
- Measuring performance and improvement using ratio studies
- AVM Standards
IAAO professional designees will earn 12.5 hours of recertification credit for the Symposium and 3.0 hours for the half-day forum. If you are participating in other recertification and continuing education programs, please bring the forms or letters to the event. We cannot guarantee that the credits will be honored by other entities. Anyone seeking continuing education credit will need to submit their request as an individual.
Information regarding the fees for the symposium and half-day forum are available on the Registration & Hotel page
The IAAO Scholarship Fund exists for the purpose of promoting ad valorem appraisal professionalism and the Scholarship Fund is available to all IAAO members who need financial assistance to attend IAAO educational activities, including the International Research Symposium.
can be found on the IAAO website under the Resources menu and must be submitted no later than 30 days prior to the event. The maximum award for this event is $1,250 per recipient. Contact Ashley Lathrop with questions at Lathrop@iaao.org
The International Research Symposium and AVM Forum will be held at the Meliá Madrid Princesa
. The hotel is a 20 minute ride from the airport and is located in the heart of the city. More information is available on the Registration & Hotel page